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Specialty Glass Market 2024 Analysed in New
Research Report : Global Market Insights Inc.
Specialty Glass Market size is envisaged to witness growth in next seven years. The product
is widely used in interiors for customized doors, windows and mirrors. They are decorative
panes typically intended to obstruct and hinder the material that would have been transparent
otherwise. These panes block considerable sunlight to preserve air-conditioning as well as
furniture from fading.
Robust infrastructure development, economic growth, fueling disposable income and
improved living standard of people are major factors that drives the infrastructure business.
The industry will witness steady growth momentum at over 7% in next five years. Panes are
extensively used in commercial, residential buildings, railways stations and airports to provide
a special and attractive appearance. It has become an essential part in the booming
infrastructure development and has influenced specialty glass market.
Chemical Industry is expecting growth at over 3% in forecast time frame. The product is widely
used for chemical strengthening, it is an optimal material for protecting displays and touch
screens in mobile phones and automobile display. It provides scratch resistance, shiny texture
and protection from friction that cannot be attained through resin cover glass. Specialty glass
market growth is anticipated to be driven by rising chemical industry.
Increasing population is boosting construction of residential and commercial building, that is
positively influencing specialty glass market. It provides elegance and attractiveness to
conference rooms, homes and offices. They are used in cubicles, flooring, walls and partitions
for safety, sunlight, sound protection. It is an important choice of an architect in buildings and
other structures to give them a unique and attractive appearance in interiors and exteriors.
Specialty glass market is facing some hindrance that effects its growth. Manufacturing process
of panes are highly complicated, it requires more chemical than any other pane and is even
more energy intensive. Prior purchasing consumer needs proper information else it can
become more bristle and less effective.
Segmentation of specialty glass market is on the basis of its product that include slumped,
impression, illusion, plain, bubble and cast fusion. They are used in diversified industries
including chemical, automobile, and construction. Its various applications are in doors,
windows, airports, mobile devices and automobile display.
Singapore and Hong Kong is anticipating to witness noticeable growth in near future. These
countries have one of the best infrastructure globally. Investment in construction in these
countries is rising rapidly, countries commercial and residential buildings design are
recognized worldwide. Positive outlook in infrastructure will make Asia Pacific a considerable
contributor in specialty glass market.
Automobile industry is contributing majorly in Europe economy. Germany is the major country
for luxury car accounting for over 20% of total European car sector. It hosts automobile giants
that includes Renault and Bugatti. Panes are used in automobile in its entire instrument touch
panel system that controls display and operation of car audio, air conditioner and navigation.
Increase in luxury car segment is anticipated to grow specialty glass market rapidly.
UAE penetration in smart phone sector is over 75%, natives of the place extensively use the
device. Product’s special quality of providing strength in display of electronics goods is rising
its demand in the region. It gives superior scratch resistance, shiny texture and long-life span
to the devices that rises smartphones demand in the region and positively influence specialty
Key contributors in specialty glass market are AGC, Schott, Guardian Industries, China Group,
Hoya Corporation, Corning, Thermo Scientific, Rayotek Scientific, NSG and Abrisa
Technologies. Schott acquired Elecpac in 2009, the move was to expand their footprint
worldwide. Acquisition is providing complete portfolio, research, development, technical
support, production, sales and marketing to companies. Both the companies will even
emphasize on defense and security industries in the U.S. Corning announces expansion in
2017, focus of spreading out the new facility in Newton is to create its global footprint and to
serve all the customers worldwide.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research
and consulting service provider; offering syndicated and custom research reports along with
growth consulting services. Our business intelligence and industry research reports offer
clients with penetrative insights and actionable market data specially designed and presented
to aid strategic decision making. These exhaustive reports are designed via a proprietary
research methodology and are available for key industries such as chemicals, advanced
materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
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